Smiths Group fund completes £640m buy-in with Rothesay

The deal protects the benefits of 800 pensioners and 7,950 deferred members

Holly Roach
clock • 2 min read
Smiths Group fund completes £640m buy-in with Rothesay

The TI Group Pension Scheme, a Smiths Group-sponsored scheme, has secured a £640m buy-in with Rothesay.

The buy-in - which is the scheme's seventh bulk annuity transaction, and the third insured with Rothesay - insures the final tranche of its liabilities and completes its de-risking journey. The ...

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Holly Roach
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Holly Roach

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